Cleary Gottlieb & Steen Hamilton and Sullivan & Cromwell have taken lead roles on the €1bn (£900m) French initial public offering (IPO) of a subsidiary of luxury goods company PPR. PPR, the holding company of brands such as Gucci and Puma, is set to list its African distribution unit CFAO, marking the first significant IPO in the French market since 2007.
November 25, 2009 at 10:26 AM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb & Steen Hamilton and Sullivan & Cromwell have taken lead roles on the €1bn (£900m) French initial public offering (IPO) of a subsidiary of luxury goods company PPR.
PPR, the holding company of brands such as Gucci and Puma, is set to list its African distribution unit CFAO, marking the first significant IPO in the French market since 2007.
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